VERONA, N.Y. — KeyBank Community Development Lending & Investment (CDLI) has provided a $10.8 million construction loan to convert a public school into affordable seniors housing in Verona, located just off Interstate 90 between Syracuse and Utica.
OAK CREEK, Wis. — National Health Investors Inc. (NYSE: NHI) has agreed to finance development of Ignite Medical Resort Oak Creek, a 144-bed skilled nursing facility just south of Milwaukee in Oak Creek. NHI’s commitment totals $25.4 million.
ATLANTA — Lenbrook, an independent continuing care retirement community (CCRC), has announced plans for a $100 million expansion known as Kingsboro at Lenbrook.
GREER, S.C. — The City of Greer has issued the final approval needed for development of a 135-unit seniors housing community in the city, located midway between Greenville and Spartanburg.
GRIFFIN, Ga. — Pennrose and the Griffin Housing Authority have opened Terraces at the Park, a 68-unit affordable seniors housing community in Griffin, approximately 40 miles south of Atlanta.
ARLINGTON, Wash. — AMWA Development Inc. has closed construction financing for Cedar Pointe, a 255-unit affordable seniors housing community in Arlington, approximately 45 miles north of Seattle.
BRIDGEWATER, N.J. — LCS has secured construction financing and broken ground on of The Delaney of Bridgewater, a new seniors housing community in Bridgewater, approximately 45 miles southwest of Manhattan.
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and senior living developer, has broken ground on Revel Scottsdale, an independent living apartment community in the company’s hometown.
SANTA ROSA BEACH, Fla. —The St. Joe Company (NYSE: JOE) and Watercrest Senior Living Group have announced plans for an assisted living and memory care community in Santa Rosa Beach, located on the Florida Panhandle.
